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GM Plans to Cut 1,000 Salaried Workers in Bid to Reduce Costs
General Motors Co. will cut about 1,000 salaried workers globally in a move to streamline its operations, according to people familiar with the matter.
October retail sales top estimates, September spending revised sharply higher
October retail sales grew from the prior month, reflecting continued resilience in the American consumer. Retail sales rose 0.4% in October. Economists had expected a 0.3% spending, according to
Bessent to Meet with Trump as Treasury Hangs in the Balance
President-elect Donald Trump will meet with Key Square Group LP founder Scott Bessent on Friday, according to a person familiar, as he weighs a short-list of contenders to be his next Treasury
This 401(k) alternative has helped US workers save more than $1.7 billion so far
By some estimates, almost half of US private sector workers — close to 57 million people, according to AARP — do not have access to a retirement plan at their jobs. That’s either because their
From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted
Crocs and American Eagle are two of the brands Bank of America predicted to see price hikes if Trump's tariff proposals are implemented.
Stock market today: Asian stocks are mixed after Wall Street's post-election bonanza wanes
Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump's election victory cooled further. U.S. futures and oil prices were lower. In Tokyo, the
IKEA is the just the start for this Dallas developer’s Rockwall project
Dallas-based real estate investment and development firm PegasusAblon has big plans for a more than 65-acre mixed-use development at Interstate 30 and North Stodghill Road, and IKEA is just the start.
U.S. protectionism could undermine modest growth forecast for eurozone, says EU Commission
Europe's economy has left stagnation behind but is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost to inflation, the European Union's
Analysts: Holiday spending to rise as big earners will spur uptick
This holiday season will mark a sharp distinction between those who feel the effects of lingering inflation and those who don't, with the latter group planning to spend big on gifts and experiences,
U.K. Economy Slowed More than Expected in Third Quarter
GDP rose only marginally in the three months through September, with prospects for a rebound uncertain as higher government spending and the threat of increased tariffs on exports to the U.S. are
Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week. Credit card debt climbed $24 billion over a three-month stretch ending in
Tom DeMark says the stock market is nearing a top as he draws 1929 parallels
Tom DeMark, an award-winning technical analyst who has advised investors including Paul Tudor Jones, Leon Cooperman and Steven A. Cohen, says that a top is likely imminent.
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